Day: June 21, 2018

Not much as their revenues are made of commission (in the form of buy/sell spread on the actual market price) on the transactions made on their exchange.

In this respect, Coinbase is basically like a traditional Bank operating in the FX market: regardless of a certain market movement in price, the Bank will always buy at a little below the market price and sell at a little above market price, thus always making a profit.

For this reason, Coinbase value is more tied to the average number of daily transactions effected on its exchange rather than to the value of Bitcoin.

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Testimonials

Thanks Quora for creating a platform for good people, if we take their words our life personal life will also prosper again thank you so much sir…

Balaram Chowdary

This post is totally insane (in the good sense). I was waiting for someone to point these things out and you did perfectly. Keep going with the good job.

I would love to give your thoughts about planning when as a coupe (spouses). Thanks.

José Romero

Very interesting article, Alberto.

Thank you for posting!

Marina Zats

This answer is so stunningly specific and insightful.

Bookmarking this answer so that I can utilize all these steps to the maximum possible extent.

Mohanish Golatkar

Very thought provoking.

I like the one about not neglecting the people who really care for you…parents and grandparents.

Paul Vincent

This is an absolute beauty.

Very practical and achievable. I Would love to hear a lot from you. Keep sharing the good thoughts. Thank you. 🙂

Pritam Saha

If only someone told me this when I was starting out and if I was receptive.

If only….

Thomas Stewart

Thank you Alberto for your experienced answer.

It will be of immense help.

Krishna Buddha

Encouraging simple, low cost investing is great.

Investing is made to sound more complicated than it needs to be so that Wall Street can sell fancy products.

Lewis Nerenberg

Excellent advice

I wish I had read this when I was 20. My Parents didn’t teach me a thing about money, as my Father had a trust fund. Kids need to know about money and how to use it efficiently. Thank You for a great post.